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Hong Kong-listed tech stocks continued to decline, with Tencent Holdings (00700.HK) and Baidu (09888.HK) falling by more than 3%, NetEase-S (09999.HK) down 2.75%, Meituan (03690.HK) down 2.45%, and Alibaba (09988.HK) down more than 2%.

2026-04-13

Hong Kong-listed tech stocks continued to decline, with Tencent Holdings (00700.HK) and Baidu (09888.HK) falling by more than 3%, NetEase-S (09999.HK) down 2.75%, Meituan (03690.HK) down 2.45%, and Alibaba (09988.HK) down more than 2%.

Other News
2026-04-13

Spot gold touched $4,650 per ounce, down 2.12% on the day.

Spot gold touched $4,650 per ounce, down 2.12% on the day.
2026-04-13

China’s policymakers still have room for further easing even as the 2026 inflation outlook improves, according to Bank of America Securities. The bank raised its 2026 forecasts for CPI to 1.0% and PPI to 1.2%, noting that price gains are still mainly

China’s policymakers still have room for further easing even as the 2026 inflation outlook improves, according to Bank of America Securities. The bank raised its 2026 forecasts for CPI to 1.0% and PPI to 1.2%, noting that price gains are still mainly driven by global energy and commodity costs rather than a domestic demand recovery. It adds that inflation is likely to remain below the People’s Bank of China’s target, leaving scope for additional rate cuts if domestic demand weakens.
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